British chip designer Arm said it intends to list in New York, a move that comes amid geopolitical jostling over chips—and delivers a blow to London’s stock market
LONDON—British chip designer Arm Ltd. said it intends to list its shares in New York, a move that comes amid a race between the U.S., Europe and China to build out their semiconductor ecosystems.to Nvidia Corp.
amid growing regulatory scrutiny centered on Arm’s dominance of the chip technology that powers many of the world’s mobile devices. SoftBank initially agreed to a $40 billion price tag, but its chief executive, Masayoshi Son, at one point valued the
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